216 Pajama Dr, Oceanside, CA 92054

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Property Description

Four unit SB9 & ADU Development Opportunity – Oceanside 92054 This 10,361 sq. ft. vacant lot in a prime Oceanside location is approved for a 4-unit SB9 development with up to 3,626 sq. ft. of dwelling space. Plans include four detached 3-bed, 2.5-bath homes with private yards and 2-car garages. Projected gross rent is $25,000/month, with an estimated $1.5M build cost and a post-construction value of $3.5M–$4.2M (5% cap rate, $210K NOI). Utilities are confirmed, SDGE upgrades are funded, and water access is verified. Geotechnical and environmental reports are cleared, making this a turnkey investment opportunity. Don’t miss out—contact us today!


Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 216 Pajama Dr
City Oceanside
State CA
Zip 92054
County San Diego
Listing Agent Alexa Devaney DRE #02031174
Co-Listing Agent Anthony Guerrieri DRE #01927450
Courtesy Of The Oppenheim Group
List Price $799,995
Status Active
Type Land
Structure Size N/A
Lot Size 10,891

Listing information courtesy of: Alexa Devaney, Anthony Guerrieri, The Oppenheim Group. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 24th, 2025 at 5:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.